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Former Finance Minister Shaukat Tarin has announced his exit from Pakistan Tehreek-e-Insaf and active politics.

In a statement on Friday, Tarin said he would also resign from his Senate seat.

The former finance czar said that he had made the decision on the advice of friends and family, adding that his health had not been well for the past two years.

Tarin was elected to the Senate from Khyber Pakhtunkhwa on a PTI ticket in 2021. He went on to serve as the finance minister from October 2021 to April 2022, when Imran Khan’s government was removed through a no-confidence vote.

A career banker, he worked for the Citi Bank for 22 years ultimately retiring as its country manager in Thailand.

He served as the minister of finance from 2008 to 2019, as part of PM Yousaf Raza Gilani’s cabinet. He ultimately resigned over allegations of conflict of interest.

An alleged audio involving him, Taimur Jhagra and Mohsin Leghari had been leaked in 2022, where they were apparently discussing Pakistan’s deal with the International Monetary Fund.

Comments

200 characters
Notsurprised Dec 08, 2023 06:56pm
A traitor. Tried to sabotage the critical IMF program resumption to please his boss Niazi, but also his own personal interest. Silk bank's undercapitalization was a longstanding highlighted issue for IMF and so Tarin wanted IMF deal not to happen. He should be in jail.
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Builder Dec 08, 2023 07:07pm
Good for him and good for the country. Mr. D(oll)ar should do the same!
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PTiBad Dec 08, 2023 08:41pm
PTI must have screwed up real bad behind the scenes. Seriously PTI is proving themselves as bad guys by these exodus.
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PakSTARone Dec 08, 2023 08:53pm
Imran trusted lieutenant who was incharge of country's finance ministry quits politics after pushing country's economy into a precarious position. Imran and his goons must be investigated of economic sabotage. Imran looks like a wolf in sheep's skin.
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Anila Qadri Dec 08, 2023 09:53pm
Sad day for democracy
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Parvez Dec 08, 2023 11:05pm
Spent force ...... and no-one, just no-one is indispensable.
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ullukapatha Dec 09, 2023 01:14am
@PTiBad, sh!t zee feck up
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